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Posted on 10.06.08 by Thomas L. Knapp
“As a rule, we may assume that any statute containing the word ‘emergency’ in its title, preamble, or statement of purposes is a bad law. If you want an apt example, consider the Emergency Economic Stabilization Act of 2008, which the president signed into law on Friday, October 3, 2008, soon after its approval by the House of Representatives. Back in 1828, opponents of the tariff bill enacted in that year felt such outrage that they dubbed the law the Tariff of Abominations. With this precedent in mind, we might well refer to the bill just enacted as the Bailout of Abominations.” (10/06/08) Link: http://www.lewrockwell.com/higgs/higgs89.html Filed under: RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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